This is my favorite scenario by far, as it is guaranteed to cause controversy no matter what.
Alabama Pros:
1. SEC champion, which has never been left out
2. Neutral site win over CFP number 1 team
3. Won the 3 non-Texas ranked games by 2+ scores
Alabama Cons:
1. Lost to another team in the mix for the CFP at home
2. Lagging behind in computer rankings (8th in SP+), haven't passed the eye test in many games
Georgia Pros:
1. Has won last 2 national titles and 30 straight games (I know that only this year should matter to the committee but everyone knows it)
2. Top 3 in virtually every computer ranking
3. Destroyed Kentucky, Ole Miss and Tennessee, also beat Mizzou in closer game
4. Is currently number 1 in the rankings, meaning they'd slide from 1 to at least 5 with a loss, not sure if that matters at all, but for reference TCU lost their conference championship game and remained 3rd last year, though I suppose were not a ton of other options since UGA and UM were undefeated and TCU and OSU were the only 1 loss teams. But neither was a conference champion so you could argue that OSU should have lept them.
Georgia Cons:
1. Non-conference champion
2. Lost to another team in the mix for the CFP, who is a conference champion
3. Several sluggish wins over teams they should have destroyed
Texas Pros:
1. Conference champion
2. Beat another top 5 or better team on the road
3. Falls between Georgia and Alabama in most computer rankings
Texas Cons:
1. Worst loss of the 3 teams (though it was a neutral loss to the number 12 team)
2. Schedule strength is pretty weak outside of Bama and Oklahoma, and hurts them that they are playing a borderline top 25 team in the title game. They were 2-1 against current top 25 teams, with the Bama road win, a narrow win over #19 Kansas State and the loss to Oklahoma. Oklahoma state would be a 3rd win over ranked team if they stay ranked after losing (they're 20th right now)
3. A lot of narrow wins over meh teams down the stretch until they destroyed TTU
Honestly, I know Texas has the ultimate trump card by beating Alabama, but I think their argument is not super strong outside of that and the committee has ignored head to head results in the past for teams with similar resumes (I think?). I just can't see them leaving the SEC out and my guess is they would put in Alabama.